QQQ vs UNIY
Invesco QQQ Trust, Series 1 vs WisdomTree Voya Yield Enhanced USD Universal Bond Fund
Which is better, QQQ or UNIY?
Large Cap Growth against High Yield Bond.
UNIY has a lower expense ratio. QQQ led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | QQQ | UNIY |
|---|---|---|
| Expense Ratio | 0.18% | 0.15%Best |
| AUM | $506.1B | $1.3B |
| Dividend Yield | 0.42% | 5.06% |
| Holdings | 321 | 6,627 |
| YTD Return | +19.30%Best | -2.08% |
| 1Y Return | +22.47%Best | -1.93% |
| 3Y Return (annualized) | +26.18%Best | +4.82% |
| 5Y Return (annualized) | +15.42% | - |
| Volatility (annualized) | 17.2% | 5.3%Best |
| Max Drawdown | -22.8% | -6.3%Best |
| $10,000 over 3.7 years | $24,130Best | $11,128 |
| Fund Family | Invesco (US) | WisdomTree Investments |
| Category | Equity | Fixed Income |
| Style | Large Cap Growth | High Yield Bond |
| Inception | Mar 10, 1999 | Feb 7, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Feb 7, 2023 to Oct 14, 2026 (3.7 years).
QQQ vs UNIY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.7 years both funds cover.
QQQ vs UNIY Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and WisdomTree Voya Yield Enhanced USD Universal Bond Fund (UNIY) is an ETF from WisdomTree Investments. Over the past year QQQ returned +22.47% while UNIY returned -1.93%. Year to date, QQQ is up 19.30% versus a loss of 2.08% for UNIY.
Over three years, QQQ compounded at +26.18% per year against +4.82% for UNIY. Across the full 4-year window we track, QQQ has the edge at +26.88% annualized vs +2.93%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 5.3% for UNIY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -22.8% for QQQ and -6.3% for UNIY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while UNIY charges 0.15%. On a $10,000 position that is $18 vs $15 annually, a gap of $3 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 5.06% for UNIY.
Holdings Overlap
At least 2.6% of QQQ's money is in holdings UNIY also owns.
Stated as a floor: for UNIY, our book for it covers 64.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and UNIY share little of their money.
3 positions in common, counted across the 101 positions we hold weights for in QQQ and 5,275 in UNIY, against full books of 321 and 6,627.
You are not choosing between two funds in isolation.
Whichever of QQQ and UNIY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or UNIY?
QQQ has an expense ratio of 0.18% while UNIY charges 0.15%. UNIY is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, QQQ or UNIY?
Over the past year QQQ returned +22.47% vs -1.93% for UNIY, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +26.88% vs +2.93% for UNIY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or UNIY?
QQQ has been the more volatile fund at 17.2% annualized versus 5.3% for UNIY. Worst drawdown: QQQ -22.8% vs UNIY -6.3%.
Should I hold both QQQ and UNIY?
QQQ and UNIY have a monthly-return correlation of 0.39, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QQQ and UNIY?
At least 2.6% of QQQ's money is in holdings UNIY also owns. Our book for UNIY is partial, so the real figure is this or higher. They hold 3 positions in common, counted across the 101 positions we hold weights for in QQQ and 5,275 in UNIY.
Which pays a higher dividend, QQQ or UNIY?
QQQ yields 0.42% while UNIY yields 5.06%, so UNIY currently pays the higher dividend yield.
Is UNIY better than QQQ?
UNIY has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.